Snapdeal Acquires Mobile Technology Startup MartMobi

Snapdeal Acquires Mobile Technology Startup MartMobi

New Delhi (NDTV) Snapdeal has acquired Hyderabad-based mobile technology startup, MartMobi for an undisclosed amount, a move that will help the firm strengthen its mobility platform for merchant partners.

Founded by Pramod Nair and Satya Krishna Ganni, MartMobi creates mobile sites and apps for e-commerce stores, small and medium-sized businesses. Currently, it has a 15 member team.

“We are focusing on mobile platform as about 75 per cent of orders are coming from mobiles-based devices. On the merchant side too, we are witnessing similar trends. The MartMobi team is a great addition as it will help strengthen the platform for sellers,” Snapdeal co-founder and COO Rohit Bansal told PTI.

He, however, declined to comment on the deal size.

Asked if MartMobi will continue to work as a separate entity, Mr Bansal said: “We are still working on the roadmap ahead. But their expertise will definitely be integrated with our platform.”